32024 Merano, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 2 bath
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32024 Merano
Lake Elsinore, California 92530
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,503Sq Ft
4,356Lot Size
Property Price
LIST PRICE$509,999
EST. MARKET VALUE
$509,999
SUMMARY
This Modern Single Family Residence is a Strong Value Opportunity, listed at $509,999—positioned well below the $509,999 Fair Market Value (reflecting a stable, fair-market entry). Built in 2019, the home maintains an Excellent Condition Rating, featuring a modern open floor plan and scenic Mountain Views. Located in the Lake Elsinore Unified district, it offers proximity to local shopping and recreational amenities. This turnkey property provides a stress-free transition for first-time buyers or owner-occupants seeking a contemporary, low-maintenance lifestyle in a desirable community.
Estimated Market Value
$509,999
Based on Realkey algorithm analyzing recent comparable sales in Lake Elsinore.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 32024 Merano Subject | $509,999* List Price | 3 | 2 | 1,503 | $339 | - |
A 16359 Stevens Street Sold | $520,000 | 3 | 2 | 1,553 | $335 | 0.6 mi |
B 3591 Raven Sold | $455,000 | 3 | 2 | 1,251 | $364 | 0.6 mi |
C 279 White Oak Sold | $545,000 | 3 | 2 | 1,387 | $393 | 0.6 mi |
D 1079 Sardinia Drive Sold | $599,990 | 3 | 3 | 1,976 | $304 | 0.9 mi |
E 3547 Cherry Blossom Lane Sold | $550,000 | 3 | 2 | 1,370 | $401 | 0.9 mi |
F 31023 Sedona Active | $499,000 List Price | 3 | 2 | 1,503 | $332 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2019, this property is less than 10 years old and remains in mint condition. The modern construction ensures systems like HVAC and electric are up to current standards, and the interior finishes appear well-maintained and move-in ready with no maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Construction
Built in 2019, this home offers contemporary building standards and newer systems, significantly reducing the immediate need for maintenance or major upgrades.
- Exceptional Convenience
Situated directly across from Stater Brothers and various shopping options, the property provides unparalleled walkability for daily errands and dining.
- Scenic Mountain Views
The residence features beautiful mountain views, enhancing the overall ambiance and providing a picturesque backdrop for the living space.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Extended Market Time
With over 70 days on the market and a recent $35,000 price reduction, the property may face challenges regarding perceived value or market momentum.
- Compact Lot Size
The 4,356 square foot lot is relatively small, which may be a drawback for buyers seeking extensive private outdoor space or large garden areas.
About 32024 Merano
PROPERTY IS LIVE!!!!! Welcome to 32024 Merano St, a charming residence nestled in the desirable Viscaya Community of Lake Elsinore, CA. This beautifully maintained home features 3 spacious bedrooms and 2 full bathrooms within its 1,503 square feet of comfortable living space. The open floor plan is perfect for both relaxation and entertaining, while large windows flood the interior with natural light. Set on a manageable 4,356 square foot lot, this property offers a lovely yard, providing opportunities for outdoor enjoyment and landscaping projects. The home is conveniently located directly across from Stater Brothers and a variety of other shopping options, making errands and dining out a breeze. Enjoy the benefits of community living in Viscaya, with access to nearby amenities, parks, and recreational activities in beautiful Lake Elsinore. This property presents an ideal opportunity for families, first-time buyers, or those looking to downsize without sacrificing comfort. Don't miss your chance—schedule a showing today and make this wonderful house your new home!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2019
- Lot Size
- 4,356 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $154.0 / Month
Neighborhood Insights
Lake Elsinore Unified Schools
Machado Elementary School
Grades K-5 • 0.4 mi
3/10
Terra Cotta Middle School
Grades 6-8 • 1.5 mi
4/10
Lakeside High School
Grades 9-12 • 1.4 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,503 | 1,997.676 |
| Lot Size | 4,356 | 7,302.624 |
| Price | $510.0K | $602.7K |
| Price per sq ft | $339 | $299 |
| Built year | 2019 | 2005 |
| HOA | $154.0 | $146 |
| Days on market | 88 | 65 |
Pricing History
Listed for Sale
Aug 21, 2026
$509,999
$544,999
-6% Price Drop
Initial Listing
Price Change
Jun 13, 2026
$544,999
Initial Listing
Sold
Jun 25, 2020
$374,000
Public Record
Sold
Apr 1, 2019
$279,000
Public Record